Research Handbook on Foreign Exit, Relocation and Re-entry

Edited by Jorma Larimo, Professor of International Business, University of Vaasa, Finland, Pratik Arte, Senior Lecturer in International Business, Brunel University London, UK, Carlos M.P. Sousa, Professor of Marketing and Business Strategy, Faculty of Business Administration and Social Sciences, Molde University College, Norway, Pervez N. Ghauri, Professor of International Business, Department of Strategy and International Business, University of Birmingham, UK and José Mata, Mærsk Mc-Kinney Møller Professor of Entrepreneurship, Copenhagen Business School, Denmark

Contents:

1 Introduction to the Research Handbook on Foreign Exit,
Relocation and Re-entry 1
Jorma Larimo, Pratik Arte, Carlos M.P. Sousa, Pervez Ghauri and
Jose Mata

PART I EXPORT EXITS
2 Export exit: literature review and a research agenda 11
Jonas Strømfeldt Eduardsen, Svetla T. Marinova and Marin A. Marinov
3 The impacts of Covid-19 on Estonian firms’
internationalization: foreign market entries, exits and re-entries 36
Tiia Vissak
4 Understanding export exits: the roles of institutional distance
direction, strategy adaptation and experience similarity 57
Piotr Trąpczyński and Tilo Halaszovich

PART II DIVESTMENT
5 Drivers of foreign subsidiary divestment: theoretical
arguments and synthesis of empirical findings 82
David Schmid and Dirk Morschett
6 A meta-analysis of stock market reaction to foreign
divestment: the role of divestment motives 109
Pratik Arte, Roman Filenko and Jorma Larimo
7 How do international performance, marketing capabilities and
market turbulence jointly influence a foreign exit decision? 136
Qun Tan and Carlos M.P. Sousa
8 The impact of economic sanctions on the decision of foreign
firms to exit from Russia 159
Andrei Panibratov and Shenglong Chen
9 A promising marriage that ended in divorce: a longitudinal
case study of foreign divestment 183
Daojuan Wang and Juan Wu

PART III RELOCATION
10 Foreign exits and re-location on a rugged performance
landscape: a theoretical perspective 211
Michael Wolfesberger, Jonas Puck and Thomas Lindner
11 Please don’t go! Understanding the host-country factors
affecting relocation choices to minimize job losses 235
Albachiara Boffelli, Paolo Barbieri, Stefano Elia, Luciano Fratocchi,
Matteo Kalchschmidt, Daniele Sirtori and Maddalena Spreafico
12 Leaving the world’s factory: relocating global supply chains
out of China 259
Arnold Schuh and Daniela Huber
13 Manufacturing backshoring and sustainability: insights from
the Norwegian context 292
Lise Lillebrygfjeld Halse and Olena Klymenko
14 Repatriating back home: implications of local and global value
chains on backshoring readiness 310
Bella Belerivana Nujen, Deodat Edward Mwesiumo and Hans
Arthur Solli-Sæther

PART IV RE-ENTRY
15 Learning from (under-)performance feedback in international
market exits and re-entries 328
Irina Surdu
16 Reinvest or not reinvest in the host country? Learning from
past divestments to plan future actions 344
Sergio Mariotti, Riccardo Marzano and Lucia Piscitello
17 Taking stock of foreign exit, relocation and re-entry: current
research and future directions 370
Jorma Larimo, Pratik Arte, Carlos M.P. Sousa, Pervez Ghauri and
Jose Mata

Index 385